German craft sector revenue falls 0.6% and business numbers decline in 2024

11 articles · Updated · IndexBox, Inc. · Apr 24

Around 564,000 craft enterprises generated 762 billion euros in revenue, with employment averaging 6 million people in 2024.
Large firms saw revenue rise 3.4%, while small firms faced a sharp 15.1% drop. The expansion trade group, the largest by revenue, experienced a 3.2% decline, while health trades grew 4.1%.
The craft sector contributed 7.8% to Germany's total economic revenue and accounted for 15.9% of all businesses, with 12.7% of social security-contributing employees working in the sector.

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